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Ampleforth (AMPL)

665 Articles 37,514 Followers

Ampleforth (AMPL) is a digital asset, intended to act as a synthetic commodity, similar to Bitcoin and gold. The project gets its name from a character in George Orwell’s novel, 1984.

Founded by Brandon Iles and Evan Kuo, Ampleforth was designed to overcome some of the shortcomings held by assets in the cryptocurrency market, namely their volatile nature. The network’s use of a price-supply equilibrium algorithm is unique, taking into account both supply and price to reach an equilibrium that changes a holder’s supply, but not the price of the token.

While this may suggest that Amples are stablecoins and remain stable in value, they are indeed not. Ampleforth’s whitepaper covers how new baselines in token prices are reached over a period of time. The essence of this idea is that the supply of Ampleforth tokens contract or expand according to demand. The team states that this applies countercyclical pressure and keeps the price stable for long runs.

However, Ampleforth’s resistance to volatility is only one of the positive outcomes from its technical architecture, which the team states will also support medium and long term uses of acting as reserve collateral in decentralized banks and act as an alternative to central bank money, in addition to the short term use as a synthetic commodity digital asset.

Many of the project’s team members are former employees of some of Silicon Valley’s biggest companies, including Google and Uber, and graduates from Yale and Berkeley.

Learn more about Ampleforth (AMPL) here, including news, price predictions, opinions and analyses created by users.

Ampleforth: Standing Strong During a Market Retreat

24 Jan 2022 2 minute read 2 comments Cje95

As many of you know AMPL is one of the two tipping tokens you can earn for tipping a post. There has been a pretty mixed reception on Publish0x it seems about how good or bad the token is. Once though they partnered with KuCoin and you could have you...

【AMPL / Ampleforth】

24 Jan 2022 1 minute read 1 comment グルスキー (gursky)

Ample Force is a revolutionary virtual currency that aims to combine the best of Bitcoin and Stablecoin. What makes Ampleforth stand out the most is a mechanism called rebasing. Rebasing is a system that automatically changes the number of ample forc...

December 2021 #Publish0x Leaderboards Contest Winners: $160 in $AMPL Rewarded to 15 Ambassadors!

19 Jan 2022 1 minute read 8 comments igort

It's almost the 20th of the month. That means it's time to reward the best ambassadors of last month! Thank you to all of our ambassadors, especially those who took part in the Ambassador's Monthly Leaderboard Completion. Special thanks and congratul...

Misconceptions About Ampleforth (AMPL) Explained: How to Make Money with AMPL

17 Jan 2022 3 minute read 6 comments Zacharias

  17 January 2022: Ampleforth (AMPL) is arguably the most misinterpreted cryptocurrency on the market - possibly ever. AMPL operates unlike anything else, a fact that leads many within the cryptocurrency community to misunderstand what it is, how it...

Portfolio Goals for 2022

6 Jan 2022 3 minute read 8 comments Cje95

2021 was a heck of a year for me in the crypto world. I was a recipient of my first airdrop thanks to the Ampleforth tips and writing on this website I earned over a whole FARM which I never would have thought of. These two things in particular reall...

The Rise and Fall of Ditto Money

2 Jan 2022 1 minute read 18 comments PVMihalache

The Rise and Fall of Ditto Money Ditto Money was launched in December 2020, and sadly enough ...  it didn't celebrated the 1st Anniversary! The native token, $DITTO, aimed to maintain a stable price of 1 USD by translating price-volatility into suppl...

Kucoin events and updates - Looking for the next gem!

30 Dec 2021 2 minute read 19 comments PVMihalache

Kucoin is the family member that you see only at the big holidays, such as Easter or Christmas. I don't use it as often as Binance, I don't check it as often as Celsius and doesn't have fancy learn & earn options like Coinbase ...  but I have some a...

November 2021 #Publish0x Payout Report: We've Sent $9,063.26 Worth of $AMPL, $FARM, and $ETH!

19 Dec 2021 2 minute read 26 comments igort

November's edition of our monthly payout report is here! Here's how much crypto we've sent to Publish0x users last month. *All of the Publish0x Monthly Payout Reports can be read from here, or via our official blog. In November, we've sent a total o...

November 2021 #Publish0x Leaderboards Contest Winners: $160 in $AMPL Rewards to 15 Ambassadors!

19 Dec 2021 1 minute read 4 comments igort

Woohoo! And thanks to all of our ambassadors, especially those who took part in the Ambassador's Monthly Leaderboard Completion. Special thanks and congratulations to the winners for the month of November '21! *Note: For the Leaderboards Contest, onl...

For a stablecoin, Ampleforth is pretty unstable

17 Dec 2021 1 minute read 4 comments LeftFooted

I'm assuming that y'all, just like me, check your dashboard pretty often and that's how you know the $ countervalue of what you have (in AMPL and FARM) has been going down consistently for a couple of days. Now, that's fine with Harvest Finance (FARM...